Tag Archives: Central Bank

Snippets of information picked up by Joy News indicate that two indigenous banks, GN Bank and Premium Bank are set to complete their merger processes by close of 31st December 2018. A source at the Central Bank disclosed that, “BoG has in principle agreed to the merger talks of GN …

Inflation in Turkey rose again in August to nearly 18 percent, official statistics showed on Monday, a record since late 2003 and coming after the Turkish lira dramatically weakened against the US dollar last month. Consumer prices rose 17.9 percent in August from the same month in the previous year, …

The full impact of the August 1, 2018 dissolution of the uniBank Ghana Limited on the nation is coming to the fore, after a leaked report from KPMG revealed that the method used to resolve the bank could cost the state in excess of GH¢4.3 billion. The bank’s collapse could …

A shareholder of defunct uniBank, Dr Kwabena Duffour, has sued the Bank of Ghana for revoking the license of his financial institution. In a suit filed at an Accra High Court, his lawyer, Professor Raymond Atuguba of Atuguba and Associates among other things asked that the revocation of the bank’s …

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